Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types...
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Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 5%, one paying 7 1 2 %, and one paying 9% simple interest per year. Cyndee wants to put twice as much in the lowest-yielding, least-risky account as in the highest-yielding account. How much should she invest in each account to achieve a total annual return of $3260? least-risky intermediate highest-yielding
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